5 Least Innovative Companies That Are Still In Business Today

2. Comcast Corporation (NASDAQ:CMCSA)

Market Capitalization as of January 29, 2023: $171 billion

Comcast Corporation (NASDAQ:CMCSA) is one of the largest media companies and telecommunications conglomerates in the world. The firm was set up in 1963 as a cable company, and since then, it has conducted a slew of acquisitions to grow its business. Comcast Corporation (NASDAQ:CMCSA) continues to operate as a cable company today and is based in Philadelphia, Pennsylvania.

Insider Monkey took a look at 920 hedge fund holdings for 2022’s September quarter to discover that 73 had invested in Comcast Corporation (NASDAQ:CMCSA).

Comcast Corporation (NASDAQ:CMCSA)’s largest investor is Jean-Marie Eveillard’s First Eagle Investment Management which owns 31 million shares that are worth $928 million.

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